PWC News
Thursday, May 7, 2026
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

[Tokyo Updates] Reducing the Threat of Fraud Through AI with “Technology Shichifukujin”

Home ESG Business
Share on FacebookShare on Twitter


Tokyo Updates presents in-depth insights into the most recent improvements, developments, and initiatives shaping Tokyo as a number one international metropolis. J-Tales brings you solutions-focused content material from Tokyo Updates, highlighting the artistic options and groundbreaking efforts rising from Tokyo.

Fraud is an growing menace in our society at the moment. It could actually seem in lots of types and have devastating penalties. However what will be accomplished to cease the specter of fraud amidst the development of know-how? “Expertise Shichifukujin,” a staff of scholars on the Tokyo Metropolitan School of Industrial Expertise Shinagawa Campus (hereinafter known as TMCIT), are one step nearer to that actuality. We talked to the staff about their current win at DCON2024 and the inspiration behind their AI-powered fraud detection system.

Members of Technology Shichifukujin and teacher Sato Takaharu.          Source: Tokyo Updates (Same below)
Members of Expertise Shichifukujin and trainer Sato Takaharu.          Supply: Tokyo Updates (Identical beneath)

The Nationwide School of Expertise Deep Studying Contest, often called DCON, is a enterprise creation contest the place technical school college students create merchandise that mix their manufacturing expertise with deep studying and compete. The judges, energetic enterprise capitalists, consider technological and enterprise potential to search out the winner.

This 12 months, in 2024, “Expertise Shichifukujin” from TMCIT gained first place for his or her product FraudShield AI, an simply put in system that detects fraud in phone calls.

Technical School: An Surroundings to Invite Innovation

TMCIT is a technical school with eight primary programs, every lasting 5 years. First-year college students study manufacturing fundamentals earlier than selecting a course of their second 12 months. The campus fosters innovation, by sensible studying and technical after-school actions offering a perfect setting for college students like Expertise Shichifukujin to develop and showcase their expertise.

Teacher Sato supported the team right from the beginning.
Trainer Sato supported the staff proper from the start.

As a technical school, TMCIT encourages college students to discover studying alternatives like DCON whereas emphasizing accountability. Although college students be a part of after junior excessive, they’re handled like college college students, accountable for his or her educational careers. This accountability additionally brings alternatives, similar to finding out overseas by abroad applications, just like the IEP (Worldwide Schooling Program) and the GCP (World Communication Program).

Who Is Expertise Shichifukujin?

Expertise Shichifukujin is a gaggle of 9 college students, all beneath 20, finding out at TMCIT. Utilizing AI chatbot ChatGPT, they selected the identify to symbolize the seven staff members allowed within the contest, likening their various pursuits to the distinct virtues of the Seven Gods of Luck in Japanese tradition.

The staff of third 12 months college students gained DCON. Group chief Nishitani Sotetsu selected members based mostly on key expertise like programming and circuit board creation, guaranteeing open communication wanted to satisfy the competition deadlines over six months of collaboration.

Nishitani explaining FraudShield AI.
Nishitani explaining FraudShield AI.

Regardless of feeling at an obstacle on account of their inexperience, they succeeded by arduous work and the invaluable recommendation of DCON advisors and group mentor Yanagihara Takashi, president of Ridge-i Inc., an organization that focuses on growing cutting-edge applied sciences to handle important enterprise and social points. His frequent visits and recommendation had been instrumental of their success.

Getting into DCON on the age of 16, the staff confronted challenges however leveraged their contemporary views and acrobatic pondering to discover AI’s potential, debate its purposes, and drive innovation.

The competition helped them develop key expertise, together with enterprise proposal creation and superior programming. In contrast to their prior expertise, the FraudShield AI challenge required modern problem-solving and collaboration, opening new alternatives for development.

Members of Technology Shichifukujin
Members of Expertise Shichifukujin

The Start of FraudShield AI

Nishitani’s personal expertise impressed the thought of FraudShield AI. A 12 months in the past, the group chief paid for an ESTA (Digital System for Journey Authorization) to check overseas within the school’s IEP by what turned out to be a fraudulent web site and consequently misplaced round 9,000 yen.

Nishitani revealed that whereas the monetary value was comparatively minor, the emotional toll was profound. Initially believing fraud was solely skilled by the aged, he now goals to boost consciousness and develop an answer. His analysis into fraud’s monetary and emotional penalties, together with self-blame and household disputes resulting in extreme outcomes, fueled his dedication.

FraudShield AI connected to a landline telephone
FraudShield AI linked to a landline phone

Fraud is prevalent in Japanese society. In 2023, among the many 19,038 instances of particular fraud acknowledged, 77.5% of preliminary contact was by phone, and 90.5% of these calls had been made to the sufferer’s landline.

FraudShield AI detects fraudulent calls in real-time, displaying fraud danger by growing LED lights and notifying customers with a buzzer as soon as fraud is confirmed. Designed for customers of all ages, particularly the aged, the interface was refined by trial and error, together with altering the phrase “fraud” from kanji to katakana to reinforce readability, addressing challenges posed by the complicated kanji character strokes.

The interface is straightforward to make use of and arrange and solely requires the consumer to attach the microphone to the landline cellphone. Customers may also join the system to their household’s LINE account, sending notifications if the buzzer sounds, permitting relations to examine on the consumer and determine on subsequent steps.

Chief Nishitani hopes that the circulation of FraudShield AI will put individuals on their guard in opposition to suspicious calls and enhance consciousness of fraud, resulting in decreased instances.

 Expertise Shichifukujin 

"Technology Shichifukujin," are a group of nine third-year students from the Tokyo Metropolitan College of Industrial Technology Shinagawa Campus.Each member comes from a different course, allowing them to complement each other's expertise. Originally, the team had seven members, which is why they chose the name "Seven Lucky Gods." They later added two more members during development. Their team uniquely blends technical and collaborative skills, reflecting the strengths of their technical college.
“Expertise Shichifukujin,” are a gaggle of 9 third-year college students from the Tokyo Metropolitan School of Industrial Expertise Shinagawa Campus.Every member comes from a distinct course, permitting them to enrich one another’s experience. Initially, the staff had seven members, which is why they selected the identify “Seven Fortunate Gods.” They later added two extra members throughout improvement. Their staff uniquely blends technical and collaborative expertise, reflecting the strengths of their technical school.

Interview and writing by Alexandra Grey 

Click on right here for the Japanese model of the article. 



Source link

Tags: fraudreducingShichifukujinTechnologyThreatTokyoUpdates
Previous Post

Crypto ransomware revenue drops 35% to $813 million in 2024 amid tougher crackdowns and victim resistance

Next Post

Centre eyes completing IDBI Bank disinvestment by mid-2025, bids to be invited by March end

Related Posts

Moment Energy Raises  Million to Power Data Centers, Industry with Used EV Batteries – ESG Today
ESG Business

Moment Energy Raises $40 Million to Power Data Centers, Industry with Used EV Batteries – ESG Today

May 6, 2026
Persefoni Launches Agentic AI to Help Companies Analyze Carbon Footprint – ESG Today
ESG Business

Persefoni Launches Agentic AI to Help Companies Analyze Carbon Footprint – ESG Today

May 5, 2026
ADB Launches Financing Initiative to Scale Critical Minerals Supply Chains in Asia – ESG Today
ESG Business

ADB Launches Financing Initiative to Scale Critical Minerals Supply Chains in Asia – ESG Today

May 4, 2026
France Unveils Roadmap to Quit Fossil Fuels by 2050 – ESG Today
ESG Business

France Unveils Roadmap to Quit Fossil Fuels by 2050 – ESG Today

May 1, 2026
CIP Launches New European Renewable Energy Platform Following Ørsted Onshore Acquisition – ESG Today
ESG Business

CIP Launches New European Renewable Energy Platform Following Ørsted Onshore Acquisition – ESG Today

May 3, 2026
AQUIVIO – JStories
ESG Business

AQUIVIO – JStories

May 2, 2026
Next Post
Centre eyes completing IDBI Bank disinvestment by mid-2025, bids to be invited by March end

Centre eyes completing IDBI Bank disinvestment by mid-2025, bids to be invited by March end

2025: finally a breakthrough for cross-border passenger rail in the EU? | EnergyTransition.org

2025: finally a breakthrough for cross-border passenger rail in the EU? | EnergyTransition.org

Did Real Assets Provide an Inflation Hedge When Investors Needed it Most?

Did Real Assets Provide an Inflation Hedge When Investors Needed it Most?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

NPR went looking for Polymarket’s Panama headquarters. It’s elusive
Economy

NPR went looking for Polymarket’s Panama headquarters. It’s elusive

by PWC
May 6, 2026
0

Polymarket claims its headquarters is on the twenty first flooring of the Oceania Enterprise Plaza. So do greater than a...

How to Distribute Leads to Partners Fairly: The Definitive Guide to Channel Equity

How to Distribute Leads to Partners Fairly: The Definitive Guide to Channel Equity

May 1, 2026
The Trial That Could Decide Who Controls the Future of AI

The Trial That Could Decide Who Controls the Future of AI

May 6, 2026
The CEO of Trek Bicycle reads 52 books a year, hates smartphones, and thinks Milton Friedman was wrong | Fortune

The CEO of Trek Bicycle reads 52 books a year, hates smartphones, and thinks Milton Friedman was wrong | Fortune

May 6, 2026
AI spending boom soars but no returns for big tech giants, warns Jefferies’ Chris Wood

AI spending boom soars but no returns for big tech giants, warns Jefferies’ Chris Wood

May 3, 2026
Bernstein Sees Prediction Markets Go Institutional After First Block Trade

Bernstein Sees Prediction Markets Go Institutional After First Block Trade

May 4, 2026
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.